The AKTOR Group, in fulfillment of its commitments and its investment plan in the Renewable Energy sector—announced 1.5 years ago— and following yesterday’s announcement regarding the acquisition of a 51% stake in SUN FORCE TWO (which is pending approval from the relevant authorities), now possesses a strong and diversified portfolio.
Photovoltaics and storage
As noted in the relevant announcement, this portfolio consists of operational photovoltaic projects with a capacity of 408 MW and operational battery storage stations with a capacity of 100 MW, with a total estimated Enterprise Value of €377.6 million. This portfolio is expected to contribute annual EBITDA of approximately €33.7 million to the Group and will be fully operational within the coming months.
Wind projects
It also holds a portfolio of wind farms with secured grid connection terms totaling 145 MW, scheduled to come online around the end of 2028. The Enterprise Value of this portfolio is estimated at approximately €250 million, and the EBITDA at approximately €25 million.
Projects in Development
In addition, RES and energy storage projects are in the licensing process, with a combined capacity exceeding 1.5 GW; the development of some of these, combined with targeted acquisitions, the strategic growth target for the renewable energy sector is expected to be achieved, with investments exceeding €1 billion by the 2028–2029 period, as announced in October 2024.
The implementation of this strategic plan positions the AKTOR Group as a key player in Greece’s energy market.